Large employers to exit in-house pensions management

Research finds one in four large employers want to outsource pension management in the next year

clock • 1 min read
Ross Trustees trustee director Geoff McKenzie
Image:

Ross Trustees trustee director Geoff McKenzie

Increasing governance requirements from The Pensions Regulator (TPR) as well as high levels of staff turnover mean employers are struggling to manage their pension schemes in-house, Ross Trustees has said.

The professional trustee firm surveyed more than 500 UK senior business leaders at companies with more than 250 employees - the UK government's definition of a large employer. Ross Trustees trus...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Access LGPS pool hits £50bn in assets under management

Access LGPS pool hits £50bn in assets under management

Pool also revealed it is working on private equity and private debt mandates

Holly Roach
clock 12 November 2024 • 1 min read
Buzz: Are you happy with the FCA's final dashboard rules?

Buzz: Are you happy with the FCA's final dashboard rules?

FCA dashboard rules, national lifetime savings plan and US election

Professional Pensions
clock 12 November 2024 • 1 min read
Aegon to launch commercial pensions dashboard

Aegon to launch commercial pensions dashboard

Comes after the FCA published its regulatory framework for dashboard service firms

Holly Roach
clock 11 November 2024 • 1 min read
Trustpilot